foreclose

foreclosefore‧close /fɔːˈkləʊz $ fɔːrˈkloʊz/ verb [intransitive] technicalBFLif a bankforecloses, it takes away someone’s property because they have failed to pay back the money that they borrowed from the bank to buy itforeclose onBuilding societies may foreclose on a mortgage if payments are not kept up. —foreclosure /-ˈkləʊʒə $ -ˈkloʊʒər/ noun [countable, uncountable]housing foreclosures→ See Verb table